Update: the festival is called Kaleioscope and details are here so far.
The organisers of Electric Picnic, Festival Republic have said that they will announce a new festival on Wednesday, the same day that they will reveal the lineup for the sold out Electric Picnic festival.
In an email invite to media, Melvin Benn said:
“With Electric Picnic now fully sold out he will also announce initial details of a brand new festival taking place this summer. The stunning location of this new festival – brought to you by the Electric Picnic family – has never before been used and will provide the perfect backdrop to a new event on the summer festival calendar.”
A most interesting development indeed.

Niall Byrne is the founder of the most-influential Irish music site Nialler9, where he has been writing about music since 2005 . He is the co-host of the Nialler9 Podcast and has written for the Irish Times, Irish Independent, Cara Magazine, Sunday Times, Totally Dublin, Red Bull and more. Niall is a DJ, founder of Lumo Club, club promoter, event curator and producer of gigs, listening parties & events in Dublin.